NYSE:CS
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Credit Suisse Group Stock News
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At Close: Sep 08, 2023
The collapse of Credit Suisse, one year on
07:32am, Friday, 15'th Mar 2024
CNBC's Steve Sedgwick takes us through the final death throes of Credit Suisse, one year on from its collapse.
Greensill facing government calls for 15-year director ban
02:45am, Friday, 08'th Mar 2024
Lex Greensill is facing up to a 15-year disqualification from running companies on the back of legal action taken by the UK's Insolvency Service. Following a probe into the directors of his failed fir
UBS reinvigorates AT1 bond market after major Credit Suisse write-down
09:51am, Wednesday, 08'th Nov 2023
UBS Group AG (NYSE:UBS) has started selling ‘Additional Tier 1' bonds again for the first time since its merger with Credit Suisse Group AG (NYSE:CS) caused the bond market to flail. The demand fo
Credit Suisse intervention avoided 'financial crisis,' Swiss National Bank chairman says
09:48am, Wednesday, 01'st Nov 2023
Swiss National Bank Chairman Thomas Jordan said the central bank's interventions during the fall of Credit Suisse were "crucial" to avoid a "financial crisis."
UBS hit with $387 million in fines for 'misconduct' by Credit Suisse in Archegos dealings
06:18pm, Monday, 24'th Jul 2023
UBS is being fined for missteps by Credit Suisse less than two months after UBS completed an emergency takeover of its former rival.
UBS Takes a $268 Million Hit for 'Credit Suisse Misconduct'
05:00pm, Monday, 24'th Jul 2023
The U.S. Federal Reserve has hit Swiss bank UBS with a $268.5 million fine over "misconduct" by its rival, Credit Suisse, before the two merged in March.
UBS to pay nearly $400M to settle Credit Suisse's Archegos dealings
12:59pm, Monday, 24'th Jul 2023
The settlement is the first of several that UBS could have to pay after it last month closed its takeover of Credit Suisse, which was involved in a number of legal battles.
UBS agrees to pay $388 million over Credit Suisse's Archegos failings
12:12pm, Monday, 24'th Jul 2023
UBS has been ordered to pay $388 million to British and U.S. regulators over Credit Suisse's dealings with private investment firm Archegos Capital Management, the Swiss bank said on Monday.
UBS to Pay Nearly $400 Million Fine to Settle Credit Suisse's Archegos Failures
12:00pm, Monday, 24'th Jul 2023
Fed says Credit Suisse engaged in ‘unsafe and unsound counterparty credit risk management practices' related to dealings with the investment firm.
Fed fines UBS for alleged misconduct by Credit Suisse in the Archegos blow-up
11:54am, Monday, 24'th Jul 2023
The U.S. Federal Reserve said Monday that UBS Group AG UBS, +1.13% must pay a total of $387 million for alleged misconduct related to $5.5 billion in losses tied to the default of Archegos in 2021. Th
Fed fines UBS $268.5 mln for Credit Suisse missteps with Archegos
11:47am, Monday, 24'th Jul 2023
The U.S. Federal Reserve announced Monday it had fined UBS Group AG $268.5 million for Credit Suisse's misconduct around its dealings with the defunct investment firm Archegos Capital Management.
Credit Suisse to axe investment bankers in London
06:44am, Wednesday, 19'th Jul 2023
Credit Suisse will reportedly let go of a third of its investment bankers in London by the end of this month, according to reports. The bank, which is in the process of integrating with its fellow Swi
Exclusive: Credit Suisse to lay off more than 40 employees in China securities unit - sources
06:10am, Wednesday, 19'th Jul 2023
Credit Suisse is set to launch a new round of layoffs which may impact more than 40 employees in one of its China units, two people with direct knowledge of the matter said, as the now subsidiary of f
Swiss investor group lawsuit to seek compensation over UBS-Credit Suisse deal
06:27am, Monday, 17'th Jul 2023
A Swiss investors' association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders, the latest legal action triggered by the bank's emergency takeover by its cross
Analysis: Takeover benefits: UBS investors warm to Credit Suisse deal
05:35am, Monday, 17'th Jul 2023
UBS's emergency takeover of Credit Suisse may lead to thousands of job losses, departures of key staff and a risky integration challenge, but for many UBS investors it increasingly looks like a good d